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PHILOMATH, OR 97370

Real Estate Market Report  ·  Benton County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
21
⇩ 8.7% vs 23 last year
Pending
6
29% pending ratio
Median Price
$573,800
⇩ 15.6% vs $680,000 last year
Average Price
$773,260
⇧ 22.1% vs $633,406 last year
Days on Market
122
⇧ 14% vs 107 days last year

Market Context

Population: 9,193  ·  Density: 19.9/mi²  ·  Median household income: $90,080

Typical home value: $387,807  ·  Homeownership: 77.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The PHILOMATH, OR real estate market (97370) currently shows 21 active listings, with 6 pending sales. Homes are averaging 122 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 122 days on market compared to 107 days last year.

The median listing price has fallen 15.6% year-over-year, from $680,000 to $573,800.

Whether you are buying or selling in PHILOMATH, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 23 last year
  • Days on market: 122 now vs 107 last year

Median & Average Pricing

Year over Year
  • Median: $573,800 (-15.6% YoY)
  • Average: $773,260 (+22.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.7 miles — 433 listings ($281,698,910 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97370Philomath, OR 973700.0 mi21$16,238,460$573,800$773,260
97333Corvallis, OR 9733310.8 mi35$24,880,695$646,250$710,877
97361Monmouth, OR 9736115.0 mi30$25,437,450$663,800$847,915
97456Monroe, OR 9745617.4 mi7$6,881,000$849,000$983,000
97389Tangent, OR 9738918.9 mi4$1,525,200$369,900$381,300
97344Falls City, OR 9734420.0 mi4$1,466,532$357,500$366,633
97391Toledo, OR 9739120.3 mi18$7,974,738$499,900$443,041
97322Albany, OR 9732222.3 mi87$50,670,105$424,450$582,415
97352Jefferson, OR 9735224.8 mi17$11,645,731$599,450$685,043
97376Seal Rock, OR 9737625.5 mi8$7,978,536$852,000$997,317
97306Salem, OR 9730626.5 mi127$80,051,783$549,000$630,329
97412Blachly, OR 9741226.8 mi3$2,439,000$950,000$813,000
97365Newport, OR 9736527.7 mi72$44,509,680$525,000$618,190

Frequently Asked Questions

How many homes are for sale in PHILOMATH, OR 97370?

As of January 2026, there are 21 active listings in PHILOMATH, OR (zip code 97370), compared to 23 the prior year.

What is the median home price in PHILOMATH, OR 97370?

The median listing price in PHILOMATH, OR 97370 is $573,800 as of January 2026, a 15.6% decrease from $680,000 the prior year.

How long do homes stay on the market in PHILOMATH, OR?

Homes in PHILOMATH, OR 97370 spend an average of 122 days on the market before going under contract, compared to 107 days the prior year.

Is it a seller's or buyer's market in PHILOMATH, OR 97370?

Based on current inventory and days-on-market data as of January 2026, PHILOMATH, OR 97370 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 122 days on market compared to 107 days last year.

How much can I save on real estate commission in PHILOMATH, OR?

With SELL123.com's maximum 3% commission, sellers in PHILOMATH, OR 97370 save an estimated $11,476 compared to a typical 5% commission on the median listing price of $573,800. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.